Miami, Florida–Citi was recognised by Euromoney magazine as the Best Private Bank for Corporate Executives in Latin America as part of the magazine's Private Banking Survey 2014. The prestigious awards were presented to Citi during an exclusive ceremony that took place at London on February 13.Citi was also recognised by the magazine as the Best Private Bank in Ecuador and Mexico. In addition, Citi received three awards in Uruguay–Best Range of Investment Products, Best Net-Worth-Specific Services Super Affluent, and Best Corporate Advisory for Private Banking Clients. Furthermore, the bank was recognised as Best Net-Worth-Specific Services High Net Worth I in Colombia and Mexico and Best Net-Worth-Specific Services Super Affluent in Peru.
"We are committed to continue offering all the high quality financial services the bank provides that generate the best outcomes for our clients. Euromoney's continuous recognitions distinguish our efforts of tirelessly serving our private banking clients in the LatAm region. Our team continues to deepen our client relationships and will do so for many more years," said Alexander G van Tienhoven, CEO, Citi Wealth and Investment Management, Latin America and Mexico.Euromoney has been awarding the Private Banking Awards since 2004, and it is considered one of the most respected awards in the banking industry.Awards are based on the annual Euromoney Private Banking Survey, which provides a qualitative and quantitative review of the best services in private banking, by region and by areas of services. Factors such as assets under management, profitability, ratio of clients to relationship managers, and services offered etc are all considered in ranking banks.
